• Chainwire DeSo has launched MegaSwap, a revolutionary “Stripe for Crypto” product that allows users to securely and easily swap coins between different blockchains.
• MegaSwap solves onboarding issues for developers building web3 applications across any blockchain ecosystem.
• In its limited release, the platform has already seen over $5 million in volume, demonstrating its potential to revolutionize the crypto market with cross-chain swaps.
Coinbase-Backed DeSo Unveils MegaSwap
Chainwire DeSo is excited to announce the launch of MegaSwap – a revolutionary, cross-chain smart service that enables users to securely and easily swap coins between different blockchains with a frictionless zero-login.
MegaSwap Solves Critical Pain Points
MegaSwap solves various critical pain points, including onboarding new users and liquidity to any web3 application across any blockchain ecosystem. In addition, it offers an alternative and safer solution to the traditional centralized exchange model where users don’t ever have to log in or provide sensitive personal information. Instead of storing their coins on a centralized exchange, users can store them in their own self-custody wallets to mitigate the risk of unforeseen meltdowns.
Features Of MegaSwap
MegaSwap makes it easier for developers seeking to build web3 applications on different blockchains by providing a frictionless zero-login API that can be installed with a single line of code. This makes their apps chain-agnostic and accessible from any blockchain. It also makes it easier than ever before for liquidity and new users to be onboarded into any blockchain ecosystem as users can easily and securely swap between Ethereum, Solana, Bitcoin, DeSo, and USDC (with support coming soon for other blockchains like NEAR, ADA, Doge).
Over $5 Million In Volume Already Seen
In its limited release, the platform has already seen more than $5 million in volume which demonstrates its potential to revolutionize the crypto market with cross-chain swaps.
Conclusion
MegaSwap offers an innovative solution for developers seeking to build web3 applications on different blockchains as well as making it easier than ever for liquidity and new users to be onboarded into any blockchain ecosystem by allowing them to easily and securely swap between multiple currencies at once without having to go through tedious processes or risking their funds on centralised exchanges